Kotak Mahindra Mutual Fund launches Kotak MSCI India ETF

NFO period: 29^th January – 12^th February, 2024

Highlights of the NFO:

• Scheme type – An open-ended scheme replicating/tracking MSCI India Index


• Investment objective – The investment objective of the scheme is to replicate the composition of the MSCI India Index and to generate returns that are commensurate with the performance of the MSCI India Index, subject to tracking errors. However, there is no assurance that the objective of the scheme will be realized.


• Product suitability – This product is suitable for investors who are seeking long-term capital appreciation by investing in stocks comprising the MSCI India Index and endeavours to track the benchmark index, subject to tracking errors.


• Minimum Application Amount – First investment Rs. 5,000/- and any amount thereafter


• Plan/ Options available – The scheme does not offer any Plans/Options for investment.


• Fund Managers – Mr. Devender Singhal, Mr. Satish Dondapati and Mr. Abhishek Bisen


• Benchmark – MSCI India Index (Total Return Index (TRI)